This is extracted from a PR issued last month:
Quasar is determined to secure the best available opportunity for its shareholders and is exploring all sectors of this booming industry. Thereby, Quasar's President, Mrs. Vigil shall be attending the NoCo Hemp Expo on Saturday, April 5, 2014 in Windsor, Colorado. This event will feature speakers addressing topics on state and federal legislation, research and development, industrial hemp farming, processing, seed acquisitions, hemp as a medicine as well as hemp's history, present and future.
Notice the opening word in sentence #2: "thereby." In this statement, "therefore" would have been the right word for "thereby" means how something is accomplished. The meaning called for is "thus."
This is splitting hairs, perhaps, but it demonstrates less than a grasp of our language. This is not a all acceptable for a company claiming to be making moves to enhance shareholder value. It begs for investor relations talent on board.
Another item is the reference to hemp as a medicine. Industrial applications, clothing manufacture, farming crops, feedstock for biodiesel and animals?---yes! But when did hemp become a medicine? This looks like more really sloppy wording. I hope it's due to insufficient experienced staffing and not indifference.
As for the bargain? I'm sporting a 55% loss on a half million shares. No bargain here.
Hopefully the company will decide on a meaningful direction and then hire the talent needed to execute and promote.
All in my opinion above.
Good luck to us all!
